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Shiba Inu Team Completes Shibarium Hard Fork to Introduce Blazing-Fast Transactions
The post Shiba Inu Team Completes Shibarium Hard Fork to Introduce Blazing-Fast Transactions appeared on BitcoinEthereumNews.com. The official X handle for the Shiba Inu layer-2 blockchain solution, Shibarium, has announced the completion of its highly anticipated hard fork. According to the announcement, the hard fork, which occurred at block height 4504576, will offer Shibarium users new and improved features. 1/ #Shibarium has successfully completed its hard fork at block height 4504576! Get ready for:•Blazing-fast transactions! ⚡•Predictable gas fees! ⛽️ pic.twitter.com/oQrtF3OMTe — Shibarium Network (@ShibariumNet) May 2, 2024 The Shiba Inu ecosystem team stated that Shibarium users will enjoy blazing-fast transactions and predictable gas fees. Following the hard fork, Shibarium will enhance user experience and scalability by processing transactions faster than before. Additionally, the hard fork’s feature of predictable gas fees will allow Shibarium users to predict the fees they will pay for each transaction on the network. As a result, Shibarium’s gas fees, which usually fluctuate during high network traffic, will remain stable. Shibarium Latest Hard Fork The announcement comes a few days after the Shiba Inu development team revealed that the hard fork will focus on two major components: Bor and Heimdall. As reported earlier, the Bor hard fork became effective at block height 4504576 on May 2 at 02:30 AM (EST). In addition, the second hard fork, focusing on the Heimdall component, was scheduled to go live on May 3, at 12:30 AM (EST), or block height 3941864. – Advertisement – While the Bor upgrade centered on bolstering the calculation of state sync confirmation, the Heimdall hard fork revolves around bestowing “deterministic finality” on Shibarium. Notably, the Shibarium network had previously undergone a brief hard fork in the past. At the time, the swift hard fork, which focused on the Bor component, occurred at block height 1962000 in December 2023, less than three months after Shibarium’s mainnet launch. Shibarium Daily Transaction Volume Decline Despite…
The post Shiba Inu Team Completes Shibarium Hard Fork to Introduce Blazing-Fast Transactions appeared on BitcoinEthereumNews.com.
The official X handle for the Shiba Inu layer-2 blockchain solution, Shibarium, has announced the completion of its highly anticipated hard fork. According to the announcement, the hard fork, which occurred at block height 4504576, will offer Shibarium users new and improved features. 1/ #Shibarium has successfully completed its hard fork at block height 4504576! Get ready for:•Blazing-fast transactions! ⚡•Predictable gas fees! ⛽️ pic.twitter.com/oQrtF3OMTe — Shibarium Network (@ShibariumNet) May 2, 2024 The Shiba Inu ecosystem team stated that Shibarium users will enjoy blazing-fast transactions and predictable gas fees. Following the hard fork, Shibarium will enhance user experience and scalability by processing transactions faster than before. Additionally, the hard fork’s feature of predictable gas fees will allow Shibarium users to predict the fees they will pay for each transaction on the network. As a result, Shibarium’s gas fees, which usually fluctuate during high network traffic, will remain stable. Shibarium Latest Hard Fork The announcement comes a few days after the Shiba Inu development team revealed that the hard fork will focus on two major components: Bor and Heimdall. As reported earlier, the Bor hard fork became effective at block height 4504576 on May 2 at 02:30 AM (EST). In addition, the second hard fork, focusing on the Heimdall component, was scheduled to go live on May 3, at 12:30 AM (EST), or block height 3941864. – Advertisement – While the Bor upgrade centered on bolstering the calculation of state sync confirmation, the Heimdall hard fork revolves around bestowing “deterministic finality” on Shibarium. Notably, the Shibarium network had previously undergone a brief hard fork in the past. At the time, the swift hard fork, which focused on the Bor component, occurred at block height 1962000 in December 2023, less than three months after Shibarium’s mainnet launch. Shibarium Daily Transaction Volume Decline Despite…
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